Over 10K Bitcoin (BTC) Moved To Crypto Exchange, Are Miners Selling?

Large amounts of Bitcoin moving to crypto exchanges as miners start to liquidate their BTC holdings amid the financial crunch. Bitcoin price rallied after Fed Chair Jerome Powell hinted at slower rate hikes in December and upcoming sessions. The BTC price hit a high of $17,194 with an over 200% jump in trading volume. On-chain […]

Bitcoin Miner Hash Price Drops to New All-Time Low; Will It Impact BTC Price?

The global digital asset market is dealing with the after effects of the massive collapse of FTX. As per reports, more than $100 billion vanished from the market in just a matter of days. However, its shockwaves have now reached the Bitcoin miners. Bitcoin miners bal on a decline Glassnode reported that the Bitcoin miner […]

Valkyrie to Liquidate Bitcoin Balance Sheet ETF following Low Customer Demand

Valkyrie Funds LLC, a digital asset ETF issuer in the US, announced Tuesday that it will liquidate one of its exchange-traded funds (ETFs) that invests in innovative public companies with exposure to Bitcoin. The digital assets manager said it would shut down the Valkyrie Balance Sheet Opportunities FUND (Nasdaq: VBB) at the end of this […]